Balance Wealth LLC Invests $1.41 Million in Avantis U.S. Mid Cap Equity ETF $AVMC

Balance Wealth LLC purchased a new stake in shares of Avantis U.S. Mid Cap Equity ETF (NYSEARCA:AVMC) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 19,509 shares of the company’s stock, valued at approximately $1,409,000.

Several other large investors have also recently modified their holdings of the stock. Tiller Private Wealth Inc. purchased a new stake in Avantis U.S. Mid Cap Equity ETF during the 4th quarter valued at about $7,161,000. SRH Advisors LLC purchased a new position in Avantis U.S. Mid Cap Equity ETF in the fourth quarter worth about $487,000. McIlrath & Eck LLC raised its holdings in Avantis U.S. Mid Cap Equity ETF by 4.7% in the fourth quarter. McIlrath & Eck LLC now owns 744,556 shares of the company’s stock worth $52,595,000 after buying an additional 33,404 shares during the last quarter. Networth Advisors LLC bought a new position in shares of Avantis U.S. Mid Cap Equity ETF in the fourth quarter worth approximately $12,163,000. Finally, Berger Financial Group Inc lifted its stake in shares of Avantis U.S. Mid Cap Equity ETF by 4.2% in the fourth quarter. Berger Financial Group Inc now owns 230,239 shares of the company’s stock worth $16,264,000 after buying an additional 9,353 shares in the last quarter. Hedge funds and other institutional investors own 0.13% of the company’s stock.

Avantis U.S. Mid Cap Equity ETF Trading Up 0.9%

NYSEARCA:AVMC opened at $80.20 on Friday. The company’s 50 day moving average price is $77.96 and its 200-day moving average price is $75.01. Avantis U.S. Mid Cap Equity ETF has a 52 week low of $65.46 and a 52 week high of $80.94.

Avantis U.S. Mid Cap Equity ETF Profile

The Avantis U.S. Mid Cap Equity ETF (AVMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund seeks long-term capital appreciation through an actively managed portfolio of US mid-cap companies selected based on fundamental criteria. AVMC was launched on Nov 7, 2023 and is issued by American Century Investments.